Minnesota SF4168: Investment loans exception provision; Debt service coverage ratio loan definition

What the bill says

A bill for an act relating to commerce; providing an exception for investment loans; defining debt service coverage ratio loan; amending Minnesota Statutes 2024, sections 58.137, by adding a subdivision; 58.20, by adding a subdivision.

From the engrossed text, April 7, 2026:

A bill for an act relating to commerce; providing an exception for investment loans; defining debt service coverage ratio loan; amending Minnesota Statutes 2024, sections 58.137, by adding a subdivision; 58.20, by adding a subdivision. Section 1. Minnesota Statutes 2024, section 58.137, is amended by adding a subdivision to read: new text begin [ADDED: Subd. 4.] new text end new text begin [ADDED: Exception.] new text end new text begin [ADDED: Subdivisions 1 and 2 do not apply to a residential mortgage loan that is a purchase money, first lien, or DSCR loan if:] new text end new text begin [] new text end new text begin [ and] new text end new text begin [ADDED: (3) the seller does not continue to occupy the residential real property after the sale.] new text end Sec. 2. Minnesota Statutes 2024, section 58.20, is amended by adding a subdivision to read: new text begin [ADDED: Subd. 5a.] new text end new text begin [ADDED: Debt service coverage ratio loan or DSCR loan.] new text end new text begin [ADDED: "Debt service coverage ratio loan" or "DSCR loan" means a mortgage: ] new text end new text begin [] new text end new text begin [ and] new text end new text begin [ADDED: (3) where the lender's decision to make the loan …

Read the full official text

Sponsors

• Zach Duckworth (R) · primary sponsor

Latest actions

1. April 15, 2026: Rule 45-amend, subst. General Orders HF3437, SF indefinitely postponed
2. April 7, 2026: Second reading
3. April 7, 2026: Comm report: To pass as amended
4. March 5, 2026: Referred to Commerce and Consumer Protection
5. March 5, 2026: Introduction and first reading

Common questions

What is SF4168?

SF4168 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Investment loans exception provision; Debt service coverage ratio loan definition.

What does SF4168 do?

In its own words: A bill for an act relating to commerce; providing an exception for investment loans; defining debt service coverage ratio loan; amending Minnesota Statutes 2024, sections 58.137, by adding a subdivision; 58.20, by adding a subdivision.

What is the status of SF4168?

In committee as of April 15, 2026. Latest action: Rule 45-amend, subst. General Orders HF3437, SF indefinitely postponed (April 15, 2026).

Who sponsored SF4168?

Zach Duckworth (R).

Where is the official record for SF4168?

On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF4168&y=2025&ssn=0&b=senate